Business
British Bond Markets Tumble as Oil Prices Spike and Political Uncertainty Grows
UK bonds tumble as oil spikes above $80 and political uncertainty grows. International market turmoil signals fresh...
Search: “oil prices”
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Local
Alberta's Oil Windfall Could Mean Surplus as Finance Minister Warns Against Spending Spree
Alberta's oil windfall could deliver a budget surplus, but Finance Minister Jason Nixon warns against repeating past...
Canada
Bank of Canada Holds Rates Steady as Oil Prices and Trade Tensions Create Juggling Act
Bank of Canada holds rates at 2.25% for fifth straight time as it balances inflation threats from oil prices against...
Local
Bank of Canada Pauses Rate Changes as Oil Surge and US Trade Tensions Create Economic Crossroads
Bank of Canada holds rates steady at 2.25% as surging oil prices and US trade tensions create economic uncertainty....
Alberta
Ottawa's Better-Than-Expected Fiscal Update Fuelled by Oil Boom—But Alberta's Oil Patch Stays Cautious
Ottawa's fiscal deficit shrinks by $11.5 billion thanks to surging oil prices, but Alberta's energy sector stays...
Business
Bank of Canada Holds Rate Steady as Oil Crisis and U.S. Tariffs Create Economic Crossroads
Bank of Canada expected to hold rates steady at 2.25% as Middle East oil shocks and U.S. tariffs create economic...
Business
Canadian Dollar Losing Its Oil Connection—What It Means for Your Wallet
The loonie's traditional link to oil prices is breaking down. Here's why currency traders are betting against the...
USA
Trump Eyes Federal Bailout of Struggling Spirit Airlines, Eyeing Profit When Oil Prices Drop
Trump confirms he's considering a federal bailout of Spirit Airlines worth up to $500 million, with plans to resell the...
Business
North American Markets Surge on Iran-U.S. Diplomatic Hope, Oil Prices Drop
North American markets rally on Iran-U.S. diplomatic hopes as oil prices ease and corporate earnings remain strong.
USA
Mortgage Rates Could Hit 6.2% by End of 2026—Here's What Experts Say
U.S. mortgage rates have jumped to 6.12% and could hit 6.2% by year-end, experts say. Geopolitical uncertainty and oil...
USA
Big Oil Executive's Blunt Message: Americans Need to Drive Less as Global Crisis Pushes Gas Prices Skyward
Chevron executive warns drivers to use less fuel as Middle East conflict pushes global oil prices to $100 per barrel...
Business
North American Markets Stage Comeback as Oil Volatility Eases Amid Geopolitical Standoff
North American stocks rebound as oil prices pull back below $100 per barrel, though geopolitical tensions remain...
World
Global Stock Markets Bounce Back as Oil Prices Cool Amid Geopolitical Tensions
North American stock markets rebounded strongly Monday as oil prices stabilized, though Middle East tensions and...
Business
Energy Stocks Tumble as Peace Talks Cool Oil Market Rally
Energy stocks erase war-driven gains as peace talks cool oil markets. Crude retreats below $100 as investors take...
Business
Oil Price Spike Won't Trigger 2022-Style Inflation Surge, RBC Warns
RBC economists say oil price spikes won't repeat 2022's inflation crisis thanks to weaker demand and stable supply...